The Bureau of Labor Statistics, supposedly no partisan outfit, says the dollar has lost 95% of its purchasing power since 1913: http://www.infoplease.com/ipa/A0001519.html .
So Paul's claim isn't far off.
Actually, I'd be happy to trade places with someone living in 1913.
Time travelers tip: avoid Europe for a couple years, and boil your water.
I'll come back for my claim chowder when the US economy collapses Greek-style, thanks to a fiat currency controlled by a private entity like the Fed, crony corporate welfarism (I'm repeating myself), and the fact that people have now figured out that they can vote themselves goodies. The Republic is over, as the founders warned us when the latter would happen.